Michael Dell and Silver Lake’s decision to raise the offer to take Dell private is a concession that rival Carl Icahn and affiliate parties may have an upper hand in the wrangling to take over the company, observers of the deal said.
Icahn acquires larger stake in Dell, proposes new buy-out deal
Carl Icahn has acquired a larger stake in Dell and called for a better buy-out offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners.
Take Silver Lake’s money and run, Dell advises shareholders
Dell has written to shareholders they are better off accepting a bid from Michael Dell and Silver Lake to acquire …
Dell buyout faces shareholder backlash
Michael Dell might be celebrating having agreed a buyout for his company, but $24.4 billion leveraged deal has seen a …